YEARLY HIGH
0.9867 MVR
YEARLY LOW
0.6217 MVR
YEARLY AVERAGE
0.8195 MVR

2022 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.9867. Conversely, the yearly low was recorded on December 3, dropping to 0.6217.

This high-to-low spread represents a total annual volatility of 0.3650 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9828 to the December average rate of 0.6234, the exchange rate registered a net change of -36.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9867 was down 0.34% compared to the 2021 peak of 0.9900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 4,933 MVR
2021 Average 4,916 MVR
Yearly Trough Low 3,108 MVR
Transaction Impact: A difference of 1,825.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0187
0.5875
JanuMarcMayJulySeptNove

EGP to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8994, compared to 0.7395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1599 points.

H1 Avg (Jan–Jun) 0.8994
H2 Avg (Jul–Dec) 0.7395

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1569 MVR (High: 0.9867 / Low: 0.8298). On the other end, December was the most stable month, with a tight range of 0.0032 MVR (High: 0.6249 / Low: 0.6217).

March Spread (Volatile) ±0.1569
December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1378 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.9323) against the same month in 2021 (average: 0.9831), the exchange rate shifted by -0.0508 (-5.17%).

2022 Avg (March) 0.9323
2021 Avg (March) 0.9831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9848 0.9803 0.9828
February 0.9848 0.9800 0.9824
March 0.9867 0.8298 0.9323
April 0.8475 0.8300 0.8382
May 0.8455 0.8294 0.8377
June 0.8456 0.8164 0.8232
July 0.8224 0.8098 0.8153
August 0.8140 0.7975 0.8022
September 0.8045 0.7874 0.7967
October 0.7908 0.6378 0.7686
November 0.6448 0.6240 0.6308
December 0.6249 0.6217 0.6234